304 WHITING STREET
About This Property
Inside, you'll find scraped bamboo flooring along with brand new carpet and luxury vinyl plank flooring, stainless steel appliances, and a spacious open-concept layout. The primary suite offers generous space and a private bath, while both a wood-burning and electric fireplace provide cozy options for cooler evenings. Additional highlights include a laundry room and a screened-in porch perfect for enjoying the natural surroundings.
Major recent improvements include fresh exterior paint, a new septic system and drainfield, and water heater - giving peace of mind for years to come.
The detached two-car garage doubles as a workshop with electric. There is ample space to store a boat, golf cart, or other recreational equipment. A fenced garden area sits behind the garage, ideal for growing vegetables, fruits, or herbs, along with a storage shed for tools and equipment.
Fenced and positioned on a desirable corner double lot.
Make an appointment today to see this great listing!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017